Full text of G.12.3 Industrial Production : February 17, 1941
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BOARD CP GOVERNORS OF THE FEDERAL RESERVE SYS Released for publication fuesday morning, February 18 R&S BI - 198 February 17, 1941 BUSINESS INDEXES (1935-1S39 average * 100 for industrial production; 1923-1925 average » 100 for all other series) Adjusted for seasonal variation 1941 1940 Jan. Deo. I Jan. Industrial production Total Manufactures Total Durable nondurable Minerals Construction contracts. value Total Residential All other Factory employment Total Durable goods Nondurable goods Factory payrolls Total Durable goods Nondurable goods Freight-car loadings Total Miscellaneous Department store sales, value Department store stocks , value Without seasonal adjustment 1540 1941 Deo, 1 Jan. Jan. pl39 138 122 pl33 135 117 pl42 pl69 pl20 pll9 141 164 123 118 123 136 113 118 pl36 pl61 pll7 pi 14 139 161 120 114 118 128 109 115 pl05 p83 pl23 115 90 156 75 53 93 p86 p69 plOO 93 77 106 61 44 75 * * * 116.6 117.5 115.7 • 107.6 102.5 112.4 • .„ * .. •• * * * 116.2 117.6 114.8 105.0 100.1 109.7 122.4 131.6 112.1 99.8 99.3 100.4 86 101 84 97 78 86 77 G7 77 88 72 74 plOl 101 92 p78 179 71 * 71 68 * 66 61 p—Preliminary. * Data not yet available# Note:--Production, carloadings, and department store sales indexes based on daily averages• Construction contract indexes based on 3^nonth moving averages, centered at second month, of ?. W. Dodge data for 37 Eastern States. To convert indexes to value figures, shown in Federal Reserve Chart Book, multiply total by $410,269,000, residential by ^184,137,000, and all other by $226,132,000. Employment index, without seasonal adjustment, and payrolls index compiled by Bureau of Labor Statistics. • INDUSTRIAL PRODUCTION (1956-1939 average » 100) Adjusted for seasonal variation 1940 1941 Jan. Dec. | Jan. MANUFACTURES Iron and steel Pig iron Steel ingots Machinery Transportation equipment Automobiles Nonferrous metals and products Copper smelting Zinc smelting Copper deliveries Zinc shipments Lumber and products Lumber Stone, clay, and glass products Polished plate glass Textiles and products Cotton consumption Rayon deliveries Silk deliveries Wool textiles Leather and products Leather tanning Shoes Manufactured food products Wheat flour Cane sugar meltings Meat packing Paper and products Paperboard Printing and publishing Newsprint consumption Petroleum and coal products Petroleum refining Beehive coke Chemicals Rubber products Rubber consumption MINERALS Fuels Bituminous ooal Anthracite Cruv'.e petroleum Mettu r. It or. ore C<-t per Lead Zinc Gold sjilver p—Preliminary or estimated. pi 74 186 pi 73 plTS pl87 pl49 pl81 pl34 160 p212 142 pl36 pl37 * 137 pl34 138 pl56 p67 pl33 p!04 » pl06 pll4 98 pll3 pill • 138 * 103 * * p299 * pl37 140 pll3 pll7 p98 pll3 pl50 182 pl46 - 181 176 181 163 168 134 177 138 147 203 143 132 133 132 117 139 146 166 74 140 108 102 112 120 104 pi 20 134 130 143 112 107 120 116 306 121 138 140 113 116 106 113 148 rl78 141 * 112 136 rl35 * 141 * 132 r—Revised. 147 161 146 127 138 129 164 144 133 162 rl29 116 116 123 122 118 120 rl50 69 106 101 102 101 111 100 95 124 123 127 109 98 117 114 146 113 119 120 2. e Without seasonal adjustment 1940 1941 Dec. ! Jan. Jan. pi 70 177 pi 70 pl69 pl86 pl50 pi 76 pl33 153 p200 149 pll6 pill * 144 pl37 144 pl52 p70 pl36 pl02 * pl02 plOl 99 p94 pl28 * 132 * 98 * * pZ50 * pl41 144 172 168 172 164 183 152 172 135 162 188 149 121 114 117 141 140 142 154 79 144 98 104 94 115 100 p96 159 123 127 112 106 119 115 357 122 131 133 144 153 143 123 137 130 151 143 136 163 rl35 98 93 90 129 120 125 rl47 72 107 99 102 97 100 101 79 146 120 122 106 93 116 112 170 111 122 123 117 pi 16 116 120 119 pl30 127 rl33 111 pll4 112 128 116 pill 111 114 127 p98 102 88 132 • # 147 pl43 146 144 * 114 118 114 rll9 137 rl39 rl21 • 121 141 114 $ 101 133 100 * Data not yet available.